With an understanding that every client’s needs are unique, the XML Financial Group strive to provide the most customized and consultative investment management service possible. To achieve this, our Maryland financial consultants maintain an ongoing dialogue with all clients to ensure that investments are not only successful but also aligned with the client’s specific needs and goals. Additionally, as we are supported by the largest independent Broker/Dealer, LPL Financial,* our product offerings and back office support and service is second-to-none.
General steps in the investment management process include:
Step 1 – Review Current Portfolio>
The financial consultants at XML will first review one’s current investment portfolio. In an effort to ensure that your investments are successful and income generating, the XML Financial Group works to identify areas for improvement such as a lack of diversification, appropriateness of investments, underperformance and fees.
Step 2 – Construct Optimal Portfolio
Next, the XML financial planners work with the client to design and develop the optimal portfolio based on a complete picture of their unique financial needs. As each client is different, our wealth management consultants customize each client portfolio. Regardless of whether it is an individual, business, or non-profit, the XML Financial Group takes into consideration important details such as: investments held in 401(k), cash need and risk profile.
Step 3 – Execution
The third part of our financial management process involves the actual construction of a client’s optimal portfolio. As it is the goal of the XML Financial Group to make the process as seamless as possible, we provide the documentation to set up and transfer your accounts. Our financial planning consultants also take all investment implications into review for example, tax liability, timing considerations and unique preferences. Upon approval, we execute the appropriate transactions to optimize the client’s investment portfolio.
Step 4 – Monitor, Review and Adjust
Finally, our wealth management team provides ongoing and collaborative support to clients in every aspect of their financial well being, providing ongoing and collaborative support to you in all facets of your financial wellbeing. As financial issues, concerns, and questions pop up over time, the XML Financial Group works with clients to regularly review their portfolio and make appropriate changes as needed.
*As reported by Financial Planning magazine June 1996-2012, based on total revenue.